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SELLER IS OFFERING A $100,000 UPGRADE ALLOWANCE to be used toward buyer-selected improvements on this beautiful historic Pine Run Ranch of Black Forest is situated on a rare 60-acre, park-like property with lush meadows, towering ponderosa pines and a large spring-fed pond and draw creating an incredible wildlife habitat. The property features six homes plus a professional equestrian facility with two barns, including a 3,328 SF barn with 15 indoor stalls, expansive indoor steel arena, 1,649 SF workshop/tack building and 8 loafing sheds. Substantial existing income stream with 5 homes leased to long-term tenants, one operating as a successful vacation rental, plus leased boarding/training facilities. Additional income potential includes the possibility of adding a wedding venue. The six homes offer a combined 16 beds and 10 baths. Fully fenced acreage includes multiple paddocks and pastures. Two charming turn-of-the-century farmhouses feature beautiful architecture, wainscoting, crown molding and pastoral settings. The successful vacation rental, known as The Lodge, features exposed timber-beam vaulted ceilings, cedar walls, granite counters, updated kitchen and bath, open entertaining spaces and abundant natural light from clerestory windows. Extensive updates include newer electrical, plumbing, paint, fencing, furnaces, water heaters, fiber optic internet, septic, roofs, appliances, fixtures and well pumps. Five homes and the barn have separate electric meters. Phenomenal close-in Black Forest location with convenient access to amenities. A rare opportunity to own substantial acreage with built-in income and tremendous future potential!
Property Type(s):
Single Family
| Last Updated | 9/21/2026 | Year Built | 1905 |
|---|---|---|---|
| Community | None | Garage Spaces | 4.0 |
| County | El Paso |
Price History
| Prior to May 8, '26 | $2,500,000 |
|---|---|
| May 8, '26 - Jun 19, '26 | $2,395,000 |
| Jun 19, '26 - Jul 15, '26 | $2,288,000 |
| Jul 15, '26 - Aug 21, '26 | $2,095,000 |
| Aug 21, '26 - Sep 21, '26 | $1,995,000 |
| Sep 21, '26 - Today | $1,945,000 |
Additional Details
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | None |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Crawl Space |
| EXTERIOR | Dog Run, Storage |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Propane |
| INTERIOR | Beamed Ceilings, Crown Molding, High Ceilings, High Speed Internet, Pantry, Vaulted Ceiling(s) |
| LOT | 60 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level, Meadow, Wooded |
| PARKING | RV Access/Parking, Gravel, Driveway, Attached, Detached |
| STYLE | Ranch |
| TAXES | 6131.16 |
| UTILITIES | Electricity Connected, Propane |
| WATER | Well |
| WATERFRONT DESCRIPTION | Pond, Stream |
Location
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Listing provided by: LIV Sotheby's International Realty CO Springs, 7195788800
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
This IDX solution is (c) Diverse Solutions 2026.
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